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Hotel Economics: The Role of Supply and Demand in Setting Rates

Demand Calendar

Some hoteliers and owners want to beat the market. They are not satisfied with their fair share of the market. Instead, they want to steal market share to increase their profits and give the owners a higher return on investment. The big question is how you beat the market.

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Understanding ARI: A key metric in hotel management

Cloudbeds

Modern hotel management requires a robust set of tools and metrics to evaluate and continuously optimize revenue performance, especially in relation to competitors. Calculating ARI requires hotels to collect detailed room performance data. The other two indicators are MPI (market penetration index) and RGI (revenue generated index).

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Hotel Star Reports: What are they and how to read them

SiteMinder

As a hotel operator, you might have come across STR reports at one point or another. Staying ahead of the competition is essential to the long-term growth of your hotel. Which areas of your hotel are performing well and which do you need to improve? What does STR stand for within the hotel industry? Table of contents.

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Hotel Revenue Management Strategies

Xotels

We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.